SITIME Corp

For the period ended Jun 30, 2024. Filed Aug 8, 2024.

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Jun 30, 2024 · Filed Aug 8, 2024

SITM$444.45-2.8%Stored close · as of Nov 10, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

See the whole filing, with its images and exhibits

Contents

Condensed Consolidated Statements of Operations and Comprehensive Loss

(In thousands, except per share amounts)

	Three Months Ended June 30,		Six Months Ended June 30,
	2024	2023	2024	2023
Revenue	$43,866	$27,728	$76,888	$66,070
Cost of revenue	22,343	12,290	37,705	27,592
Gross profit	21,523	15,438	39,183	38,478
Operating expenses:
Research and development	25,490	26,567	51,034	51,024
Selling, general and administrative	25,190	21,276	49,102	42,009
Acquisition related costs	3,163	—	6,405	—
Total operating expenses	53,843	47,843	106,541	93,033
Loss from operations	(32,320)	(32,405)	(67,358)	(54,555)
Interest income	5,736	6,667	12,296	12,297
Other expense, net	(203)	(161)	(416)	(61)
Loss before income taxes	(26,787)	(25,899)	(55,478)	(42,319)
Income tax benefit (expense)	18	(23)	5	(93)
Net loss	$(26,769)	$(25,922)	$(55,473)	$(42,412)
Net loss attributable to common stockholders and comprehensive loss	$(26,769)	$(25,922)	$(55,473)	$(42,412)
Net loss per share attributable to common stockholders, basic	$(1.16)	$(1.17)	$(2.42)	$(1.93)
Net loss per share attributable to common stockholders, diluted	$(1.16)	$(1.17)	$(2.42)	$(1.93)
Weighted-average shares used to compute basic net loss per share	22,997	22,074	22,881	21,934
Weighted-average shares used to compute diluted net loss per share	22,997	22,074	22,881	21,934

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.